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Re: None

Tuesday, 02/01/2022 6:26:20 PM

Tuesday, February 01, 2022 6:26:20 PM

Post# of 462
Reading the fine print of the 8-K, it appears that the share-count will be reduced by at least 7.8M shares by the "surrender" of 6M shares from Luo, 1.8M from Taylor; "and, no later than April 11, an additional number of shares of Company common stock with a value of approximately [$3.3 million for Taylor, $10 million for Luo] based on a VWAP calculation." So the latter could mean a further reduction in share-count as well as funds incoming to ELMS cash coffers.